Project Leadership Effectiveness

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Is your company running a large, complex, and mission-critical Information Technology (IT) project? Is the “burn rate” of your project significant, possibly $50,000 to $500,000 per week? Are you concerned about your project team’s ability to deliver the promised scope, on time, and within budget?

The Chaos Report 2009 (23/4/2009) by the Standish Group quotes the following project failure rates (http://www.standishgroup.com/newsroom/chaos_2009.php):

•          68% of projects fail to deliver original project scope on time and within budget.

•          44% of projects are “challenged” (i.e. either short on scope, and/or late, and/or over budget).

•          24% of projects fail completely (i.e. cancelled or delivered and never used).

According to the Standish Group the distribution of project failure rates by project size were:

Whether you believe these statistics or not, the fact that large IT projects face many challenges and pitfalls is irrefutable. It is therefore incumbent on IT Executives to do their utmost to enhance the ability of their project teams to handle the challenges and avoid the pitfalls.

Our IT Project Delivery Excellence Program provides highly specialized training, coaching, mentoring, and consulting to your Project Leadership Team, project manager, project team, and project stakeholders, to help them ensure the successful delivery of your project.

In every project there is a Project Leadership Circle that is ultimately responsible for the success of the project. The effectiveness of the Project Leadership Circle is the most critical contributor to the success of the project. In our experience, the most important attributes of the Project Leadership Circle are:

1. Authority,
2. Experience,
3. Alignment of Priorities and Interests,
4. Prudence and Thoroughness in Execution, and
5. Effective Working Relationship.